LTC - Boulder Growth And Income: Lower Expense Ratio And Still Available At A 17% Discount

I've written several articles about Boulder Growth and Income (BIF) and thought I would provide an update on this fund which has been performing well since the four-way fund merger several years ago.

As of the end of March, the fund had a conservative posture with 82.6% equity, 13.2% cash and cash equivalents and 4.2% in other assets (other assets were mainly invested in [[UTF]] another closed-end fund). There was no leverage used which helped to reduce the expense ratio.

Share Repurchases

During the first quarter, BIF repurchased shares to take advantage of the wide